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finance industry

Push for Islamic finance in ASEAN to lure Gulf investors

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There have been moves recently to strengthen Islamic finance in the Association of Southeast Asian Nations, or ASEAN, which were spearheaded by the country...
Malaysia pushes Islamic finance for Gulf investors

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New Malaysian standards for Shariah-compliant equities are expected to attract more Islamic investment funds from the Gulf region, said a senior official of the...
WIEF London to attract more Muslim money to UK

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The 9th World Islamic Economic Forum (WIEF), held in London from October 29 to 31 for the first time outside an Islamic country, is...
Takaful markets in Malaysia, Saudi Arabia thrive

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The Malaysian and Saudi Arabian cooperative and Islamic insurance (takaful) markets are the only two that are seeing growth especially in new policies and...
Malaysia: Unit trust industry in double-digit growth mode

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In line with positive equity market performance, the Malaysian unit trust industry is expected to grow at double-digit rates over 2013 and to no less than a net asset value of $258.5 billion by 2020 as per Malaysia's Capital Market Masterplan.
Ethics In Business: Moving Islamic finance from conference rooms to humanity

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Is Islamic Finance truly servicing the needs of humanity? Daud Vicary Abdullah, the President and CEO of INCEIF, the International Centre for Education in Islamic Finance, shares his views.
Brunei: Adjusting to new economic requirements

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Economic growth in the Sultanate of Brunei slowed to an estimated one per cent in 2012, owing to weakness in production and exports of crude oil, which is way below all other ASEAN peers except Singapore.
Brunei: Much catching up to do in Islamic banking

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Brunei has still to fully develop its Islamic finance sector. There are great opportunities for foreign Islamic banking institutions to forge ties with the Brunei government and its banking institutions in pushing the business.
Philippine Stock Exchange

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The Manila stock exchange is planning to introduce a list of Shariah-compliant equities to attract the nation’s Muslim investors and some of the $1.2...

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The Eurozone crisis, combined with public anger over the excesses of conventional banks, has presented Islamic banks with a golden opportunity to take a...

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Islamic insurance, known as Takaful, grew 19 per cent globally in 2010 and is expected to continue its fast-paced penetration into Muslim-dominated countries in...